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  3. 12th Class
  4. Economics
  5. Foreign Exchange Rate

12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    The curve depicting the supply of foreign exchange is ............ sloped.

    A) negatively

    B) positively

    C) constantly

    D) Both [a] and [b]

    Correct Answer: B

    Solution :

    Foreign exchange rate and supply of foreign exchange are directly related; thus, the supply curve slopes upward.


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